MiFID II
EU DLT Pilot Regime
The European Union's regulatory sandbox for tokenized securities market infrastructure, permitting DLT-based trading and settlement systems to operate under temporary exemptions from CSDR and MiFID II rules.
MiFID II and Tokenized Securities: When Financial Instruments Move On-Chain
Tokenized securities that qualify as financial instruments under MiFID II face a second layer of regulation alongside MiCA. Understanding the boundary is essential for any European tokenization platform.